Debt Management Office

The Debt Management Office (DMO) has decried the country’s debt service to revenue ratio, describing it as a major issue of concern. Its Director-General, Patience Oniha therefore Thursday at the fifth Budget Seminar (webinar) organised…

The Nigerian National Petroleum Corporation (NNPC) has dismissed, in its entirety, the allegation that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was inflated to the tune of $1.527billion, describing the accusation as false,…

AMINA HUSSAINI The Debt Management Office has described as false and outright lies a report published in a major Nigerian Newspaper of an alleged N1.08 billion fraud in the agency under the Federal Ministry of Finance. In a statement…

 …STAFF RECEIVE ESTACODES FOR OVERSEAS, LOCAL TRIPS NOT EMBARKED ON The Debt Management Office (DMO) is currently enmeshed in corruption scandal, Saturday Vanguard has reported. Money amounting to N1.08 billion is alleged to be…

AMINA HUSSAINI, Abuja Some jobs may have been saved from the impacts of the Covid-19 and the economy more liquid with the injection of a total of N995.665 billion for capital projects in the implementation of the 2020 revised budget.…

OMOTAYO ARAOYE The Debt Management Office (DMO) has announced that the N150 Billion Sovereign Sukuk offered to investors was oversubscribed, with a total N669.12 billion yields The third Sovereign Sukuk recorded 446 percent subscription…

AMINA HUSSAINI, Abuja As the nation faces economic crisis owing to the oil price plunge that is shrinking allocation, Nigeria has secured a $750 million grant from the World Bank as soft loans to States to help them meet up…

The Debt Management Office says Nigeria’s total public debt as of September 2019 stood at N26.215 trillion. The Director-General of DMO, Ms Patience Oniha, made this known during a presentation of Public Debt Data as of September 30,…

Umoru Abdulkadir The nation’s Debt Management Office (DMO) has offered for subscription, Savings Bonds for January and is open to receive applications from subscribers. In the offer document released on Monday, January 6, 2020, the DMO…

Umoru Abdulkadir A total N611.50 billion have gone to Commercial Farmers in the country to fund 596 projects under the Commercial Agriculture Credit Scheme (CACS) as at November 2019 according to the Central Bank of Nigeria (CBN). The…